But, at the other side there’s tough competition among businesses to show themselves superior to the others.

It keeps the developer from placing $400,000 of material liens by financing materials instead of paying for them from loan proceeds and squandering those funds through subcontractors.

I would get multiple bids and ask the contractor to list the material and labor separately.I would suspect that material for gutters is pretty cheap so you might think about doing it yourself as it would not be a hard job or take too long.

I am not very well suited in all the different ways the deal could be executed, so I am worried about some tough questions I will have to answer.  

Looks like I'll be avoiding such materials to solicit funds.

There are no comprehensive enterprise-wide liquidity requirements or standards to ensure sufficient reserves to continue servicing the MSRs in their portfolios in the event of material financial stress.

@Max JamesHi MaxYou have a good and tough problem.  

It's not true to the materials, it's inappropriate to the space, and... it just looks stupid.  

Many people have made mistakes even in "passive" TK so if you don't have a cushion or can't sleep at night because all your money is tied up in one TK and you can't sleep every time something goes wrong  it may be problematic.While most people say being in NYC is tough to get started and they are right there is one thing that is good about NYC which is that the values are high.

Comps in the area are tough because this is a single family turned duplex, but I believe similar style and square footage houses are around $175k.I personally don't have the time to do a whole renovation, I was more hoping to have the GC get the apartment renovated right away and go from there.